Market Risk Officer Job in Kenya

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Market Risk Officer Job in Kenya

Market Risk Officer

Job Objective

Ensure timely and accurate development and submission of Market risk analysis and Balance Sheet reports to Management

Roles & Responsibilities

Extract data and monitor group positions

Responsible for periodic balance sheet stress testing

Responsible for contingency funding plan maintenance and testing, to ensure that there are contingencies for systemic crises e.g. liquidity issues

Monitor compliance with regulatory and internal limits

Produce daily market risk reports

Monitor proposed limits for indicators

Monitor external and market risk indicators

Collect market data and conduct statistical analysis

Conduct risk assessment on new trading products

Carry out P & L attribution analysis

Maintain valuation rates

Responsible for trading portfolio stress testing to see the impact of systemic variations on the bank’s position

Responsible for trading book risk reporting

Monitor commodity prices, exchange rates, interest rates and update the daily spot/monthly average prices database

Manage daily collateral placement with counterparties for derivative transactions

Monitors Key Risk indicators across the Subsidiary and produces relevant management reports

Key Performance Indicators

Timely delivery of standard analysis and reports

Responsiveness to information on changes in market trends

High internal and external customer satisfaction index

Good external risk rating

Compliance with internal and external policies and regulations

Job Requirements

Minimum of Bachelor’s Degree (MBA, MSC, MA, ML and/or Professional Qualifications compulsory)

Minimum of 4 – 7 years banking experience; minimum of 6 – 9 years non-banking but related experience

Key Competency Requirements

Broad knowledge of financial accounting with ability to analyze and interpret corporate financial statements

Good knowledge of risk assessment

Good knowledge of the Country’s economy and market dynamics

Good knowledge of the bank’s policies and procedures

Key Skills

Good analytical skills

Excellent writing skills

Good presentation skills

Good interpersonal skills

Strong team player and excellent organization skills

Strong attention to details and ability to work under pressure

How to Apply

Click Here To apply

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